Pound Edges Up Against Most Majors

The British pound strengthened against most major currencies in the Asian session on Friday. The pound rose to 1.5299 against the U.S. dollar and 188.00 against the yen, from yesterday's closing quotes of 1.5289 and 187.84, respectively. Against the euro, the pound edged up to 0.7005 from yesterday's closing value of 0.7018. If the pound extends its uptrend, it is likely to find resistance around 1.54 against the greenback, 189.00 against the yen and 0.69 against the euro.

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